DUBAI, UNITED ARAB EMIRATES -- (Marketwire) -- 11/07/12 -- SEI (NASDAQ: SEIC) today announced that it was named "Best Outsourcing Provider to the Buy Side" in the 2012 Buy-Side Technology Awards. Additionally, for the second year in a row, SEI was also named "Best Fund Administrator." The awards, presented by industry publication Buy-Side Technology at a ceremony held on 2 November in London, are a reflection of the comprehensive nature of SEI's outsourcing services for investment managers and the innovation of its technology.

"We're excited to have won both these awards from Buy-Side Technology. At a time when managers are dealing with geopolitical, economic, and regulatory pressures, we aim to relieve some of the operational burdens they face and help them succeed in an ultra-competitive marketplace," said Steve Meyer, Executive Vice President and Head of SEI's Investment Manager Services division. "We're pleased to have the independent recognition of our outsourcing and fund administration capabilities from Buy-Side Technology, and we will continue to strive to stay ahead of the market."

"SEI stood out among the other entrants in the best outsourcing provider and best administrator categories in this year's Buy-Side Technology Awards thanks to its technology, which has increased efficiencies for its investment management clients," said Victor Anderson, Editor-in-Chief of Waters magazine and WatersTechnology.com. "SEI has clearly demonstrated that it possesses sophisticated knowledge and best-in-class technology to support a range of strategies -- both complex and niche -- such as high-frequency trading and those investing in bank-debt instruments."

SEI provides a wide variety of front-, middle- and back-office services to investment managers worldwide. SEI's Manager Dashboard and the Investor Dashboard are among the innovative technologies SEI provides to integrate data and deliver comprehensive, customised reporting for managers and investors.

About SEI's Investment Manager Services Division SEI's Investment Manager Services division provides comprehensive operational outsourcing solutions to support investment managers globally across a range of registered and unregistered fund structures, diverse investment strategies and jurisdictions. With expertise covering traditional and alternative investment vehicles, the division applies customised operating services, industry-leading technologies, and practical business and regulatory insights to each client's business objectives. SEI's resources enable clients to meet the demands of the marketplace and sharpen business strategies by focusing on their core competencies. The division has been recently recognised by Buy-Side Technology as "Best Outsourcing Provider to the Buy Side" and "Best Fund Administrator," by Hedge Funds World Middle East as "Best Service Provider," by Global Investor as "Hedge Fund Administrator of the Year," and by HFMWeek as "Most Innovative Fund Administrator (Over $30B AUA)" in the U.S. and "Best Administrator - Technology Provider" in Europe. For more information, visit http://www.seic.com/enME/investment-managers.htm.

About SEI SEI (NASDAQ: SEIC) is a leading global provider of investment processing, fund processing, and investment management business outsourcing solutions that help corporations, financial institutions, financial advisors, and ultra-high-net-worth families create and manage wealth. As of September 30, 2012, through its subsidiaries and partnerships in which the company has a significant interest, SEI manages or administers $448 billion in mutual fund and pooled or separately managed assets, including $195 billion in assets under management and $253 billion in client assets under administration. For more information, visit http://www.seic.com/enME/index.htm.

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